Global Acetaldehyde Market 2017-2021

Overview of the global acetaldehyde market

Technavio’s market study identifies the rise in demand for peracetic acid to be one of the primary factors that will have a positive impact on the growth of the acetaldehyde market during the next few years. Water treatment, pulp, and, paper industries highly demand the need for peracetic acid to be used as sanitizer, disinfectant, and bleaching agent. This will augment the growth prospects of the acetaldehyde market since acetaldehyde is used as a feedstock for manufacturing peracetic acid. The market analysts estimate that the market will post a revenue of more than USD 1.6 billion by 2021.

The water and waste treatment market is witnessing exponential growth owing to environmental impacts, the increasing population, and climatic concerns.  Owing to its huge population, APAC will propose more water treatment applications to aid the need from water-stressed regions. India and China are increasingly demanding for water treatment chemicals and equipment due to the rapid industrialization. Countries are increasingly demanding water disinfection, filtration, and desalination chemicals such as acetaldehyde. The rise in water treatment applications will one of the key trends contributing to the growth of the acetaldehyde market.

Competitive landscape and key vendors

The acetaldehyde market is moderately fragmented due to the presence of several international and regional acetaldehyde manufacturers. Vendors are competing mainly in terms of distribution network, applications they cater to, and the geographical presence. The growth of the end user industries influence the demand for demand for acetic acid and peracetic acid, which will in turn, offer growth opportunities to acetaldehyde manufacturers.

The leading vendors in the market are

• Ashok Alco-chem Limited
• Celanese
• Eastman Chemical
• Lonza
• Sumitomo Chemical

The other prominent vendors in the market are China National Petroleum Corporation, Jinyimeng Group, Jubilant Life Sciences, Laxmi Organic Industries, LCY GROUP, SEKAB, ShanDong HongDa Group, SHOWA DENKO, China Petrochemical Corporation, The Pioneer Chemical Company, and Wacker Chemie.

Segmentation by product type and analysis of the acetaldehyde market

• Pyridine
• Pentaerythritol
• Acetic acid
• Acetate esters
• Acetic anhydride

Pyridine is primarily required by the pharmaceutical, semiconductor, and electronics industries since it is inexpensive and is widely available. It is also used as a precursor in various agrochemical and pharmaceutical products.

Segmentation by application and analysis of the acetaldehyde market

• Foods and beverages
• Water treatment
• Pulp and paper bleaching
• Agriculture
• Medical 

Acetaldehyde is used as a food additive in various baked products, soft drinks, and milk-based products, Additionally, it is also used as a synthetic flavoring agent in various food items. The growth of the packed food and processed food markets is influencing the demand for flavoring additives such as acetaldehyde, fueling growth of the acetaldehyde.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global acetaldehyde market?
• What are the key market trends impacting the growth of the global acetaldehyde market?
• What are the challenges to market growth?
• Who are the key vendors in the global acetaldehyde market?
• What are the market opportunities and threats faced by the vendors in the global acetaldehyde market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global acetaldehyde market?

Technavio also offers customization on reports based on specific client requirement.

Acetaldehyde is a colorless, flammable liquid which is an essential chemical in the manufacturing of acetic acid, perfumes, and flavors. It also naturally occurs in the body as a result of alcohol metabolism. Due to its applications in the chemical industry, it comprises an essential part of the specialty chemicals sector. The upcoming report for the global acetaldehyde market gathers market intelligence data by collecting information from a wide range of parameters such as supply chain practices, market size, growth potential, and technological advancements to gather deep insights on Technavio’s chemicals and materials industry.

Technavio collects business intelligence data on key parameters such as products, revenue, pricing, competition, and technology by conducting exhaustive primary and secondary research. Qualitative and quantitative research methodologies like vendor analysis, trends and driver analysis, and market size and market growth assessment are also used to forecast the growth of the market accurately. This upcoming market research report on the global acetaldehyde market also covers vendors like SEKAB, Eastman, Eurochem, Showa Denko, Celanese Corporation, Ashik Alco Chem Ltd, Lakshmi Organic industries, Lonza Group, Naran Lala Pvt Ltd, CNPC, Sinopec, and LCY Group.

The report also analyzes the market using various segmentation filters like segmentation by geography, application type, and product, which helps the client in devising effective business strategies along with target marketing. For the geographic segmentation, the report covers regions like the Americas, Europe, ROW, and APAC.  Our analysts have observed a growing demand for sorbic acid to be as an antimicrobial preservative, which can lead to the growth of this market.

The upcoming report on the global acetaldehyde market identifies other fundamental aspects of business intelligence such as profits, emerging trends, key drivers, demand-supply patterns, marketing, as well as opportunities and challenges faced by the industry. Technavio also offers in-depth market assessments into the related sectors such as plastics, polymers, and elastomers, metals and minerals, and glass and ceramics.

Our market research methodology for the global acetaldehyde market

Technavio also offers clients the opportunity to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.